On the H1 chart USD/CHF has rallied from the low 0.784 region to a peak around 0.7923, but the last three hourly highs have slipped to 0.7919, 0.7916 and 0.7912, forming a series of lower highs that signal weakening bullish momentum. The candle that closed at 0.79191 was the highest close in the window, yet it was followed by a bearish candle closing at 0.79133, confirming the shift. Volume supports the view: the early surge was backed by strong activity (6,600 contracts), but the upward thrust after 0.791 was accompanied by modest and declining volume, suggesting a lack of conviction…

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